Lenovo Group (MEX:992N) Days Payable: 90.85 (As of Mar. 2026) — 35% Above Median


MEX:992N Lenovo Group Ltd MEX:992N
44 GF Score
Price MXN50.86
GF Value MXN25.21
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Lenovo Group Days Payable?

Lenovo Group MEX:992N 44 Days Payable is 90.85 as of Mar. 2026, which is 35% above its 10-year median of 67.24. GuruFocus rates MEX:992N with a GF Score™ of 44/100 and a GF Value™ of MXN25.21 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,441 Hardware companies, Lenovo Group ranks better than 58.21% on this metric.

Lenovo Group's average Accounts Payable for the three months ended in Mar. 2026 was MXN324,035 Mil. Lenovo Group's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN325,473 Mil. Hence, Lenovo Group's Days Payable for the three months ended in Mar. 2026 was 90.85.

The historical rank and industry rank for Lenovo Group's Days Payable or its related term are showing as below:

MEX:992N' s Days Payable Range Over the Past 10 Years
Min: 48.99   Med: 67.24   Max: 81.29
Current: 81.26

During the past 13 years, Lenovo Group's highest Days Payable was 81.29. The lowest was 48.99. And the median was 67.24.

MEX:992N's Days Payable is ranked better than
58.21% of 2441 companies
in the Hardware industry
Industry Median: 69.99 vs MEX:992N: 81.26

Lenovo Group's Days Payable increased from Mar. 2025 (83.96) to Mar. 2026 (90.85). It may suggest that Lenovo Group delayed paying its suppliers.


Lenovo Group Days Payable Historical Data

* Premium members only.

The historical data trend for Lenovo Group's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lenovo Group Days Payable Chart

Lenovo Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.54 86.33 81.90 64.53 85.26

Lenovo Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.96 77.30 80.93 80.25 90.85

MEX:992N vs SNDK, DELL, STX: Days Payable Comparison

For the Computer Hardware subindustry, Lenovo Group's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lenovo Group Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Lenovo Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Lenovo Group's Days Payable falls into.


MEX:992N
44GF Score
Lenovo Group Ltd MEX:992N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lenovo Group Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Lenovo Group's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (245067.407 + 346889.749) / 2 ) / 1267070.065*365
=295978.578 / 1267070.065*365
=85.26

Lenovo Group's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (301180.912 + 346889.749) / 2 ) / 325472.78*365 / 4
=324035.3305 / 325472.78*365 / 4
=90.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 90.85 mean?
Lenovo Group (MEX:992N) has a Days Payable of 90.85 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lenovo Group and its competitors. This is 35% above median its historical median of 67.24. Over the past decade, Lenovo Group's Days Payable has ranged from 48.99 to 81.29. According to the industry distribution chart, Lenovo Group ranks #1020 out of 2441 companies in the Hardware industry, placing it in the top 41.8%.
Is Lenovo Group's Days Payable too high?
Lenovo Group's current Days Payable of 90.85 is 35% above median its 10-year median of 67.24. Over the past 10 years, this metric has ranged from a low of 48.99 to a high of 81.29. The Hardware industry median Days Payable is 69.99. Lenovo Group's value of 90.85 is 29.8% above this industry median. Based on the distribution chart, Lenovo Group ranks #1020 out of 2441 companies in the Hardware industry, which is above the industry midpoint. Overall, Lenovo Group has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lenovo Group's Days Payable compare to SNDK and DELL?
According to the Hardware industry distribution chart, Lenovo Group ranks #1020 out of 2441 companies for Days Payable. This puts Lenovo Group in the upper half of its industry. The industry median Days Payable is 69.99. Lenovo Group's value of 90.85 is 29.8% above this benchmark. Historically, Lenovo Group's own Days Payable has ranged from 48.99 to 81.29 over the past decade. While the company's 10-year median is 67.24 vs. the industry median of 69.99, Lenovo Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Hardware company?
The median Days Payable among Hardware companies is 69.99, based on 2,441 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lenovo Group's current Days Payable of 90.85 is 29.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lenovo Group and its competitors. For the Hardware industry, the median Days Payable is 69.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lenovo Group's current Days Payable is 90.85, which is 35% above median its own 10-year median of 67.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lenovo Group stock overvalued right now?
Based on GuruFocus' analysis, Lenovo Group (MEX:992N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN25.21, compared to a current price of MXN50.86 — trading 101.7% above its estimated fair value. The current Days Payable is 90.85, which is 35% above median its 10-year median of 67.24 and 29.8% above the Hardware industry median of 69.99. Lenovo Group's overall GF Score™ is 44/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Lenovo Group (MEX:992N), the current Days Payable is 90.85 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lenovo Group (MEX:992N) Overvalued in 2026?

Based on GuruFocus' analysis, Lenovo Group stock appears to be overvalued. The current stock price of MXN50.86 is trading 101.7% above its estimated GF Value™ of MXN25.21. GuruFocus considers Lenovo Group to be Significantly Overvalued.

Key valuation signals for MEX:992N:

  • Days Payable: 90.85 (35% above median its 10-year median of 67.24)
  • GF Value™: MXN25.21 vs. price of MXN50.86 (101.7% above fair value)
  • GF Score™: 44/100 with 8 warning signs
  • Industry Position: 29.8% above the Hardware median (#1020 of 2441)

No single metric tells the full story. See the MEX:992N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lenovo Group Business Description

Address 979 King\'s Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 23% of overall sales in fiscal 2025, from 6% in 2015.
44GF Score

Get the complete analysis for MEX:992N

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN50.86
Price
MXN25.21
GF Value